We regularly prepare studies on which Impact Assessments accompanying legislative and non-legislative proposals of the Commission are based.
All our Impact Assessment studies follow the Better Regulation Guidelines and we can cover all stages with effective approaches and tested solutions. Our studies contain all the mandatory elements for an IA, and they are quantitative where possible. Furthermore, our team can also contribute to improving IAs at a conceptual level, helping define the hierarchy of objectives and realistic, internally coherent policy options.
Depending on the nature of the initiative and the availability of ‘hard’ data, our assessment of impacts can follow either a Cost-Benefit Analysis (CBA), a Cost-Effectiveness Analysis (CEA), or a customised multi-criteria analysis route, resting on qualitative stakeholder and expert judgment. For estimating administrative burdens, we follow – when feasible – the Standard Cost Model (SCM). Finally, we undertake sophisticated analysis of primary and secondary data, including hypothesis testing, using advanced statistical software packages.